War risk rates for a typical seven-day voyage period, which are set...
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Over 1,200 dead from floods in Indonesia, Sri Lanka, Thailand as rescue efforts intensify
The flooding and landslips killed at least 1,230 people, with 659...
Users free to keep or delete Sanchar Saathi: Jyotiraditya Scindia
According to the direction dated November 28, all mobile phones...
Aviation lessor settlements with Russia over trapped planes
Lessors have been suing dozens of insurers over losses of at least $8 billion over the trapped planes, with vast court trials scheduled in Dublin in June and London in October. Some are also being heard in U.S. states Aircraft leasing firms have secured settlements...
Boeing is sued by shareholders following MAX 9 blowout
According to a proposed class action filed on Tuesday, Boeing spent more than four years after the Oct. 2018 and March 2019 crashes of two other MAX planes, which killed 346 people, assuring investors that it was “laser-focused” on safety and would not sacrifice...
European leaders campaign against Forever Chemicals
“Chemical pollution is a widespread problem in Europe but there are also significant opportunities to improve the situation.We should manage the risks of chemicals in groups, promote chemicals that are safe and sustainable by design, and phase out the most harmful...
Insurance industry welcomes Sitharaman’s Interim Budget
In agriculture, support for post-harvest investments, dairy farmers, disease control, and crop insurance highlights a commitment to the sector's growth. Healthcare accessibility is set to improve with the extension of Ayushman Bharat and the plan to establish...
Telangana CM directs officials to take steps to create ‘digital health profile’ for citizens
Chief Minister Reddy, after a meeting with Health Minister C Damodar Rajanarasimha and officials, proposed the establishment of a 'digital health profile' linked to a unique number to facilitate emergency treatment, an official release said Hyderabad: Telangana Chief...
Banks and insurers to lose reprieve from EU’s toughest ESG rule
The European Parliament and the European Council are moving toward an agreement that banks, asset managers and insurers should be viewed in the same way as other companies when it comes to ensuring that their value chains aren’t subject to environmental or human...
PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3
Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
BAGIC net rises 3% to Rs 281 cr in Q3
Tapan Singhel , MD & CEO, Bajaj Allianz General Insurance The private sector insurer’s combined ratio increased to 102.9 per cent in 03 FY24 from 100.3 per cent in 03 FY23.Excluding the NATCAT impact. combined ratio for 03 FY24 stood at 99.5 per cent.BAGIC’s...
Bajaj Finserv acquires Vidal Health Insurance TPA
Vidal Health Insurance TPA Pvt Ltd (VHITPA), services premium of over Rs 5,000 crore, covering 130 million lives. The acquisition now enables Bajaj Finserv Health, a subsidiary of Bajaj Finserv of to offer OPD, wellness, as well as hospitalization benefits to...
Shriram General Insurance net up 51% to Rs117 crore in Q3
Anil Aggarwal, MD & CEO, Shriram General Insurance Company said, “This year, we had a focus shift towards increasing the gross written premium. The company is entering into newer areas like EV (electric vehicles) insurance and developing combo insurance plans. It...